Early Indications Show September Home Prices Falling Less Than July/August

Early Indications Show September Home Prices Falling Less Than July/August

Roughly 2 weeks ago, home price indices (HPIs) from Case Shiller and the FHFA came out for the month of August.  Both were in agreement that prices declined slightly more rapidly than they had in July.  Here is our coverage of that news at the time: Home   Prices   Fell Even Faster in August, But Still Up Big Year-Over-Year Home price fluctuations are more interesting than normal right now for a few reasons.  First off, prices had been going nowhere but up until this summer, and it wasn't until these past two months of HPIs that the data really reflected that.  Additionally, July and August are important months for this to be occurring because Q3 is the last quarter of data needed to calculate a new conforming loan limit. New data out today provides an early glimpse at Sept